£98,000
An attractive, recently-built house in the village of Newton St. Faith. The semi-detached property has a cloakroom/WC just off the entrance hall, a spacious reception room and a full-width kitchen/dining room. Patio doors open onto a south-east-facing garden which can also be accessed via the side gate. On the first floor of the house is a main bedroom with en-suite shower room plus a similar-sized second double bedroom, a slightly smaller third bedroom and a naturally-lit bathroom with limestone-style tiles. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system all contribute towards a very good energy-efficiency rating. The house comes with a two-car driveway and is located approximately six miles to the north of Norwich city centre. Ofsted-list five primary schools within a two-mile radius, all rated 'Good'. Very long lease (freehold transferred on 100% ownership).
SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £280,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/y6rb5fwf]
Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (990 years from 12/11/2021). Freehold transferred on 100% ownership.
Minimum Share: 35% (£98,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £467.86 per month (subject to annual review).
Service Charge: £35.90 per month (subject to annual review).
Guideline Minimum Income: Dual - £30,700 | Single - £36,500 (based on minimum share and 10% deposit).
Council Tax: Band C, Broadland District Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
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